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<SEC-DOCUMENT>0000891092-10-004037.txt : 20100924
<SEC-HEADER>0000891092-10-004037.hdr.sgml : 20100924
<ACCEPTANCE-DATETIME>20100923173911
ACCESSION NUMBER:		0000891092-10-004037
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100923
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100924
DATE AS OF CHANGE:		20100923

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALBANY INTERNATIONAL CORP /DE/
		CENTRAL INDEX KEY:			0000819793
		STANDARD INDUSTRIAL CLASSIFICATION:	BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221]
		IRS NUMBER:				140462060
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10026
		FILM NUMBER:		101087395

	BUSINESS ADDRESS:	
		STREET 1:		1373 BROADWAY
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12204
		BUSINESS PHONE:		5184452200

	MAIL ADDRESS:	
		STREET 1:		1373 BROADWAY
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12204

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALBINT INC
		DATE OF NAME CHANGE:	19870924
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>e40179_8-k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>

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<P style="TEXT-ALIGN: center"><B><font size="5">U.S. SECURITIES AND EXCHANGE</font></B> <B><font size="5">COMMISSION</font></B><BR>

<font size="3">Washington, D.C. 20549</font><BR>
<BR>

<B><font size="3">FORM 8-K</font></B><BR>
<BR>
<B>CURRENT REPORT</B><BR>
<B>PURSUANT TO SECTION 13 OR 15(d) OF THE</B><BR>
<B>SECURITIES EXCHANGE ACT OF 1934</B><BR>
<BR>
Date of Report: September 23, 2010<BR>
(Date of earliest event reported)<BR>
<BR>

<B><U><font size="5">ALBANY INTERNATIONAL CORP.</font></U></B><BR>
(Exact name of registrant as specified in its charter)</P>
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    <TD align=center width="33%">Delaware</TD>

    <TD align=center width="33%">1-10026</TD>

    <TD align=center width="33%">14-0462060</TD>
  </TR>
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    <TD align=left colSpan=3 width="33%">
      <hr noshade size="1">
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<TR vAlign=bottom>

    <TD align=center width="33%">State or other jurisdiction</TD>

    <TD align=center width="33%">(Commission</TD>

    <TD align=center width="33%">(I.R.S. Employer</TD>
  </TR>
<TR vAlign=bottom>

    <TD align=center width="33%">of incorporation)</TD>

    <TD align=center width="33%">File Number)</TD>

    <TD align=center width="33%">Identification No.)</TD>
  </TR></TABLE>
<br>

<div align="center">1373 Broadway, Albany, New York 12204<BR>

(518) 445-2200<BR>

(Address and telephone number of the registrant's principal executive offices)
</div>
<hr size="1" noshade align="center">
<div align="center">(Former name or former address, if changed since last report.)
</div>
<P style="TEXT-ALIGN: left">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<P style="TEXT-ALIGN: left">|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
<P style="TEXT-ALIGN: left">|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="TEXT-ALIGN: left">|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
<P style="TEXT-ALIGN: left">|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))</P>
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<P style="TEXT-ALIGN: left"><B>Item 5.02 Departure of Directors or Principal Officers; Appointment of Certain Officers; Compensation Arrangement of Certain Officers</B></P>
<P style="TEXT-ALIGN: left">On September 23, 2010, Albany International Corp. ("the Registrant") announced the termination of Senior Vice President and Chief Financial Officer Michael K. Burke, and the election of John B. Cozzolino as Acting Chief Financial Officer. A copy of the press release is filed herewith. Mr. Burke is entitled to certain severance and other benefits pursuant to the terms of a severance agreement previously filed under cover of a Form 8-K on July 2, 2009.</P>
<P style="TEXT-ALIGN: left"><B>Item 9.01. Financial Statements and Exhibits.</B></P>
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  <TR>

    <TD vAlign=top colspan="2">(d) Exhibits. The following exhibits are being furnished herewith: </TD>
  </TR>

  <TR>

    <TD colSpan=2>&nbsp;</TD>
  </TR>

  <TR>

    <TD vAlign=top width="4%">99.1</TD>
    <TD width="96%">Press release dated September 23, 2010. </TD>
  </TR>

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<P style="TEXT-ALIGN: center">2</P>
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<P style="TEXT-ALIGN: center"><B>Signature</B></P>
<P style="TEXT-ALIGN: left">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="TEXT-ALIGN: center"><B>ALBANY INTERNATIONAL CORP.</B></P>
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  <TR vAlign=bottom>
    <TD align=left width="48%">&nbsp;</TD>
    <TD align=left width="6%">By:</TD>
    <TD align=left width="46%"> /s/ John B. Cozzolino</TD>
  </TR>

  <TR vAlign=bottom>
    <TD style="TEXT-INDENT: 5px" align=left width="48%">&nbsp;</TD>
    <TD style="TEXT-INDENT: 5px" align=left width="6%">&nbsp;</TD>
    <TD style="TEXT-INDENT: 5px" align=left width="46%">
      <hr noshade align="left" width="300" size="1">
    </TD>
  </TR>

  <TR vAlign=bottom>
    <TD align=left width="48%">&nbsp;</TD>
    <TD align=left width="6%">Name:</TD>
    <TD align=left width="46%"> John B. Cozzolino</TD>
  </TR>

  <TR vAlign=bottom>
    <TD align=left width="48%">&nbsp;</TD>
    <TD align=left width="6%">Title:</TD>
    <TD align=left width="46%"> Vice President and Acting</TD>
  </TR>

  <TR vAlign=bottom>
    <TD style="TEXT-INDENT: 9px" align=left width="48%">&nbsp;</TD>
    <TD style="TEXT-INDENT: 9px" align=left width="6%">&nbsp;</TD>
    <TD align=left width="46%">Chief Financial Officer</TD>
  </TR>
</TABLE>

<P style="TEXT-ALIGN: left">Date: September 23, 2010</P>
<P style="TEXT-ALIGN: center">3</P>
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<P style="TEXT-ALIGN: center"><B>Index to Exhibits</B></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'" cellSpacing=0 border=0 cellpadding="0" width="100%">

  <TR vAlign=bottom>

    <TD align=left>Exhibit No.</TD>
    <TD align=left>Description</TD>
  </TR>

  <TR vAlign=bottom>

    <TD align=left>
      <hr noshade align="left" width="60" size="1">
    </TD>
    <TD align=left>
      <hr noshade align="left" width="70" size="1">
    </TD>
  </TR>


  <TR vAlign=bottom>

    <TD align=left>99.1</TD>
    <TD align=left>Press release, dated as of September 23, 2010</TD>
  </TR>
</TABLE>
<BR>
<P style="TEXT-ALIGN: center">4</P>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>e40179ex99_1.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>

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  <B><font face="Arial, Helvetica, sans-serif" size="3">
  Albany International Announces CFO Search</font></B>
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<P style="text-align: left;"> <font face="Arial, Helvetica, sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Albany, New York, September 23, 2010 &#150; </B>Albany International Corp. (NYSE: AIN) announced today that it had terminated the employment of Michael K. Burke , Senior Vice President and Chief Financial Officer, effective immediately, without cause. Mr. Burke will be entitled to certain severance and other amounts under the terms of the severance agreement entered into at the time of his employment in 2009. The Company has retained Korn/Ferry International to assist it in identifying replacement CFO candidates. The Company&#146;s Board of Directors has in the meantime appointed John B. Cozzolino, Vice President&#150;Corporate Treasurer and Strategic Planning, as Acting Chief Financial Officer, also effective immediately.</font></P>
<P style="text-align: left;"> <font face="Arial, Helvetica, sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albany International is a global advanced textiles and materials processing company. Its core business is the world&#146;s leading producer of custom-designed fabrics and belts essential to the production of paper and paperboard. Albany&#146;s family of growth businesses extends its advanced textiles and materials capabilities into a variety of other industries, most notably aerospace composites, nonwovens, building products, high-performance industrial doors, and high-performance insulation. Additional information about the Company and its businesses and products is available at <U>www.albint.com</U>.</font></P>
<P style="text-align: left;"> <font face="Arial, Helvetica, sans-serif"><B>Contacts:</B><BR>

<BR>

<I>Investors:</I><BR>

John Cozzolino<BR>

Vice President&#150;Corporate Treasurer and Strategic Planning/Acting Chief Financial Officer<BR>

518-445-2281<BR>

john.cozzolino@albint.com</font></P>
<P style="text-align: left;"> <font face="Arial, Helvetica, sans-serif"><I>Media:</I><BR>

Susan Siegel, Director of Corporate Communications<BR>

518-445-2284<BR>

susan.siegel@albint.com</font></P>
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